Analysts Offer Insights on Technology Companies: EverQuote (NASDAQ: EVER) and BigCommerce Holdings (NASDAQ: BIGC)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on EverQuote (EVERResearch Report) and BigCommerce Holdings (BIGCResearch Report) with bullish sentiments.

EverQuote (EVER)

Oppenheimer analyst Jed Kelly assigned a Buy rating to EverQuote today and set a price target of $70.00. The company’s shares closed last Tuesday at $50.17.

According to TipRanks.com, Kelly is a 4-star analyst with an average return of 14.6% and a 54.8% success rate. Kelly covers the Technology sector, focusing on stocks such as Rush Street Interactive, DraftKings, and CarGurus.

EverQuote has an analyst consensus of Strong Buy, with a price target consensus of $62.00, implying a 29.1% upside from current levels. In a report released today, Needham also reiterated a Buy rating on the stock with a $65.00 price target.

See today’s analyst top recommended stocks >>

BigCommerce Holdings (BIGC)

Needham analyst Scott Berg maintained a Buy rating on BigCommerce Holdings today and set a price target of $85.00. The company’s shares closed last Tuesday at $59.96, close to its 52-week low of $57.26.

According to TipRanks.com, Berg is a top 25 analyst with an average return of 34.7% and a 76.1% success rate. Berg covers the Technology sector, focusing on stocks such as GTY Technology Holdings, Cornerstone Ondemand, and Tyler Technologies.

The word on The Street in general, suggests a Hold analyst consensus rating for BigCommerce Holdings with a $70.80 average price target.

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